Restaurants

Marks Paneth has a distinguished client roster which includes several celebrity chefs, restaurant owners and operators, catering facilities and franchisors. Our cross-disciplinary team of audit, tax and advisory specialists have a long history serving the restaurant and catering industries, domestically and internationally.

We help analyze industry trends and monitor food, beverage and labor costs. As an industry leader, we provide practice-proven guidance to assist our clients through the business lifecycle – from initial financing to the implementation of exit strategies.

AREAS OF SPECIALIZATION INCLUDE:

  • Audits, Reviews and Compilations
  • Financial Advisory Services
  • Tax Compliance and Structuring
  • Point of Services (PoS) Audits and Reviews
  • Franchise Fees
  • Bookkeeping Services
  • Lender Services
  • Business Valuations
  • Cost Accounting and Cash Flow Management
  • Partnership, Operating and Stockholder Agreements
  • Guidance in IRC Section 263A – Uniform Capitalization Issues
  • Local Sales Tax Issues

CLIENTS INCLUDE:

  • Fine Dining Establishments
  • National and Regional Chain Restaurants
  • Franchises
  • Restaurants in Hotels, Owned and Operated by Hotels and Independently

Group Leader

Kurt S. Kiess
Partner


Kurt S. Kiess, CPA, is a Partner at Marks Paneth LLP. He has a broad background in the audit and tax aspects of his profession. Mr. Kiess concentrates on serving clients in the real estate, retail, insurance and manufacturing industries.

With a public accounting background spanning more than 20 years, Mr. Kiess was a Partner at Marks Shron & Company when it combined with Paneth, Haber and Zimmerman LLP to form today's firm. He has developed a specialty in mergers and acquisitions and works with his clients to identify the critical issues that will result in a successful transaction. He is a member of the Executive Committee of Marks Paneth, which sets policy and strategy for the firm.